##
##
##
|HEADWAY DEVON||||
|---|---|---|---|
|REFERENCE AND ADMINISTRATIVE|DETAILS|||
|CHAIR'S STATEMENT||||
|HEADWAY DEVON||||
|OBJECTS||||
|A CHALLENGING
YEAR||||
|THE YEAR IN NUMBERS||||
|THE CHALLENGE FOR OUR CLIENTS||||
|IMPACT|||12|
|RAISING AWARENESS AND INFLUENCING|||13|
|RAISING THE FUNDS|||13|
|FUNDRAISING
STANDARDS AND PRACTICE|||14|
|VOLUNTEERS||||
|PARTNERSHIPS AND AFFILIATION|||14|
|GOVERNANCE|||15|
|EQUALITY, DIVERSITY AND INCLUSION||(EDI)|15|
|THE CLIMATE EMERGENCY|||16|
|PUBLIC BENEFIT|||16|
|RISK||||
|RESERVES POI.ICY|||17|
|STATEMENT OF TRUSTEE RESPONSBILITIES|||17|
|STATEMENT OF FINANCIAL ACTIVITIES||||
|BALANCE SHEET||||
|STATEMENT OF CASH FLOWS|||20|
|NOTES TO THE STATEMENT OF CASH FLOWS|||21|
|NOTES TO THE FINANCIAL STATEMENTS|||22|
|INDEPENDENT
EXAMINER'S REPORT TO THE TRUSTEES OF HEADWAY DEVON|||34|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Restricted|Total Funds|Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
||||Notes|Funds|Funds|2022|Funds|Funds|2021|
||||||||K|K||
|INCOME FROM||||||||||
|Donations and legacies||||21,633|25,877|47,510|35,688|47,542|83,230|
|Other trading
activities||||2,054|1,234|3,288|87||87|
|Investment
income||||24||24|97||97|
|Charitable
activities||||429,501||429,501|509.037||509,037|
|Other income|||||||47,170|14,085|61,255|
|Total Income||||453,212|27,111|480,323|592,079|61,627|653,706|
|EXPENDITURE ON||||||||||
|Raising funds|||7|3,711|350|4,061|1,894||1,894|
|Charitable
activities|||7|561,813|43,393|625,206|616,865|57,498|674,383|
|Total expenditure||||585,524|43,743|629,267|618,779|57,498|676,277|
|NET INCOME/|||10|(132,312)|(16,632)|(148,944)|(26,700)|4,129|(22,571)|
|(EXPENDITURE)||||||||||
|TRANSFERS BETWEEN||||||||||
|FUNDS||||1,234|(1,234)||4,056|(4,056)||
|NET MOVEMENT|IN FUNDS|||(131,078)|(17,866)|(148,944)|(22,644)|73|(22,571)|
|RECONCILIATION||OF FUNDS||||||||
|Total funds brought||forward||582,954|45,462|628,416|605,598|45,389|650,987|
|Total funds carried||forward||451,876|27,596|479,472|582,954|45,462|628,416|
||||BALANCE SHEET||||
|---|---|---|---|---|---|---|
||||AT 31 MARCH 2022||||
|||||2022||2021|
|||Notes||Total funds||Total funds|
|||||f|||
|FIXEDASSETS|||||||
|Tangible assets||14||413,925||428,762|
|CURRENT ASSETS|||||||
|Debtors||15|70,543||59,253||
|Cash at bank and in hand|||143,245||300,045||
||||213,788||359,298||
|CREDITORS: Amounts|failing due||||||
|within one year||16|(23,409)||(31,025)||
|NET CURRENT ASSETS||||190,379,||328,273|
|TOTAL ASSETSLESS|CURRENT||||||
|LIABIuTIES||||604,304||757,035|
|CREDITORS: Amounts|falling||||||
|due after more than one year||||(124,832)||(128,619)|
|TOTAL NETASSET||||479,472||628,416|
|FUNDS|||||||
|Restricted funds||||27,596||45,462|
|Unrestricted
funds||||451,876||582,954|
|TOTALFUNDS||22||479,472||628,416|
##
##
||||Note|2022f|2021f|
|---|---|---|---|---|---|
|Cash flows from the operating
activities:||||||
|Net cash provided
by (used in) operating|activities|||(150,590)|37,846|
|Cash flows from investing
activities:||||||
|Dividends,
interest and rents from investments||||24|97|
|Purchase ofproperty,
plant and equipment||||(2,632)|(6,657)|
|Net cash provided
by (used in) financing|activities|||(2,608)|(6,560)|
|Cash flows from financing
activities:||||||
|Repayments
of borrowing||||(3,602)|(3,415)|
|Net cash provided
by fused in) financing|activities|||(3,602)|(3,415)|
|Change
In cash and cash equivalents
in|the|reporting||||
|period||||(156,800)|27,871|
|Cash and cash equivalents
at the beginning||ofthe||||
|reporting
period||||300,045|272,174|
|Cash and cash equivalents
due to exchange||rate||||
|movements||||143,245|300,045|
##
##
##
||||||2022f|2021f|
|---|---|---|---|---|---|---|
|Net Income for the|reporting|period (as per the statement||of|||
|financial activities)|||||(148,944)|(22,571)|
|Adjustments
for'.
Depreciation
charges|||||17,469|17,341|
|Dividends,
interest and rents from investments|||||(24)|(97)|
|(Increase)/decrease|in debtors||||(11,290)|40,167|
|Increase/(decrease)|in creditors||||(7,801)|3,006|
|Net cash provided
by (used in) operating|||activities||(150,590)|37,846|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||
||||||2022f|2021|
|Cash in hand|||||143,245|300,045|
|Total cash and cash|equivalents||||143,245|300,045|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||FOR|FOR|THE YEAR ENDED 31|MARCH 2022|||
|---|---|---|---|---|---|---|
|3.|OTHER TRADING ACTIVITIES||||||
||||||Total|Total|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds|Funds|2022|2021|
||||K|K|||
||Fundraislng|events|15|1,234|1,249|87|
||Room hire||2,039||2,039||
||||2,054|1,234|3,288||
|4.|INVESTMENT INCOME||||||
||||||Total|Total|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds
R|Funds|2022
R|2021f|
||interest on|cash deposits|24||24|97|
|5.|INCOME FROM CHARITABLE||ACTIVITIES||||
||||||Total|Total|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds|Funds|2022|2021|
||||K||R|R|
||Centre Services||||||
||Centre services provided||159,008||159,008|145,230|
||Other services||540||540|6,032|
||||159,548||159,548|151,262|
||Community
Community|Services
Services|264,820||264,820|354,999|
||Other services||526||526|33't|
||||265,346||265,346|355,330|
||Other Services||||||
||Other services||2,636||2,636|2,445|
||Central||||||
||Centre services provided||1,971||1,971||
||||429,501||429,501|509,037|
##
|OTHE|R INCONIE|||||
|---|---|---|---|---|---|
|||||Total|Total|
|||Unrestricted|Restricted|Funds|Funds|
|||Funds|Funds|2022|2021|
|||R|f.|R|R|
|CJRS|income||||30,549|
|Covid|grants||||30,706|
||||||61,255|
##
##
##
||
FOR THE YEAR ENDED|
31 MARCH 2022||
|---|---|---|---|
|SUPPORT COSTS||||
|||2022|2021|
|Employment
costs||148,985|139,677|
|Transport costs||199|16|
|Establishment
costs||20,072|22,954|
|Office expenses||22,962|12,386|
|Printing,
postage and stationery||2,384|1,417|
|Subscriptions
and donations||927|1,156|
|Equipment
hire||1,659|1,628|
|Sundry and other costs||5,799|6,382|
|Travel and subsistence||207|12|
|Auditors'
remuneration||4,680|3,300|
|Legal and professional|costs|14,152|88|
|Corona virus|||13,676|
|Bank charges||81|75|
|Mortgage
interest||8,524|8,707|
|Depreciation
oftangibie|fixed assets|14,084|17,341|
|||244,715|228,815|
|A)located toactlvltles|as follows:|||
|Raising fund||1,579|641|
|Centre services||108,344|74,421|
|Outreach services||134,760|153,753|
|Other services||32||
|Room hire||||
|||244,715|228,8'l5|
##
##
|Net inco|me ls stated aft|er charging/(crediting):|||
|---|---|---|---|---|
||||2022|2021|
|||||E|
|Auditors'|remuneration||3,735|2,268|
|Auditors'|remuneration|—non audit services|945|1,032|
|Depreciation
oftangible||fixed assets|17,469|17,341|
##
##
##
##
##
|EMPLOYEES' REMUNERATION
(continued)|EMPLOYEES' REMUNERATION
(continued)|||
|---|---|---|---|
|The aggregate
payroll costs ofthese persons were as follows:||||
|||2022f|2021
K|
|Wages and saiaries||417,207|441,952|
|Redundancy||13,181|32,086|
|Social security||16,636|21,406|
|Employers
pension|costs|10,530|14,183|
|||457,554|509,627|
|Key management|personnel|58,535|111,084|
##
##
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Freehold|Plant and|Furniture
tL||
||Property
K|Machinery
K|Equipmentf|Total
K|
|Cost|||||
|Brought forward|431,510|85,472|50,729|567,711|
|Additions|||2,632|2,632|
|Carried forward|431,510|85,472|53,361|570,343|
|Depreciation|||||
|Brought forward|69,040|29,265|40,644|138,949|
|Charge for year|8,631|4,273|4,565|17,469|
|Carried forward|77,671|33,538|45,209|156,418|
|Net BookValue|||||
|Carried forward|353,839|51,934|8,152|413,925|
|Brought forward|362,470|56,207|10,085|428,762|
##
|||||||FOR TH|E YEAR ENDED 31 MARCH 2|022||
|---|---|---|---|---|---|---|---|---|---|
|15.|DEBTORS|||||||||
|||||||||2022|2021|
|||||||||R|E|
||Trade debtors|||||||66,223|46,067|
||Prepayments|and|accrued|||income||4,320|13,186|
|||||||||70,543|59,253|
|16.|CREDITORS:|Amounts|||falling due||within one year|||
|||||||||2022|2021|
||||||||||K|
||Bank loans|||||||3,601|3,416|
||Trade creditors|||||||9,679|'I5,865|
||Taxation and social security|||||||4,592|5,769|
||Other creditors|||||||1,337|2,458|
||Accruals and deferred|||income||||4,200|3,517|
|||||||||23,409|31,025|
|17.|CREDITORS:|Amounts|||falling due||after more than one year|||
|||||||||2022|2021|
|||||||||E||
||Bank loans|||||||124,832|128,619|
|18.|BANK LOANS|||||||||
|||||||||2022|2021|
||||||||||R|
||Bank loans within||1 year|||||3,601|3,416|
||Bank loans between 2|||snd||5years||14,404|8,212|
||Bank loans more than 5||||years|||110,428|120,407|
|||||||||128,433|132,035|
||Bank loans consist ofa|||single loan on which security has been given by the charity on the freehoid prope||||||
||known as The|XCentre,|||Commercial||Road, Exeter EX24AD.|||
|19.|OPERATING LEASE COMMITMENTS|||||||||
|||||||||2022|2021|
||Amounts
falling due within|||||1 year||1,629|1,629|
||Amounts
falling due between 2 and 5years|||||||2,443|4,072|
|||||||||4,072|5,701|
##
##
##
##
##
##
##
##
##
|ANALYSIS OF FUNDS
CURRENT YEAR||||||
|---|---|---|---|---|---|
||Brought||||Carried|
||Forward|Income|Expenditure|Transfers|Forward|
|||8|E||E|
|Genera(Funds
Unrestricted|582,954|453,212|(585,524)|1,234|451,876|
|Restricted Funds||||||
|Exmouth
Centre|2,488|680|(542)|(2,488)|138|
|Client Holiday
Honiton
Centre
Exeter Centre|3,457
1,364
3,788|1,234|(197)
(643)|2,488|3,457
4,889
3,145|
|Cloth Worker|2,821|||(234)|2,587|
|Essex Trust|186||||186|
|Carer Support
Torquay Centre|20,278
994||(8,485)
(444)||11,793
550|
|infection Control|9,235|24,197|(33,432)|||
|Community
Support
XCentre Doors|609
242||||609
242|
|Groundworks||1,000||(1,000)||
||45,462|27,111|(43,743)|(1,234)|27,596|
||628,4'l6|480,323|(629,267)||479,472|
##
##
##
##
##
|PRIOR YEAR||||||
|---|---|---|---|---|---|
||Brought||||Carried|
||Forward|Income|Expenditure|Transfers|Forward|
||||E|||
|General Funds||||||
|Unrestricted|605,598|592,079|(818,779)|4,056|582,954|
|Restricted Funds||||||
|Neighbour
Postcode||11,180|(11,180)|||
|XCentre Tables
Exrnouth
Centre|485
2,518||(30)|(485)|2,488|
|Tiverton Centre|983||(983)|||
|Client Holiday
Honiton
Centre|3,457
1,072|349|(57)||3,457
1,364|
|Exeter Centre
Exeter Cerers Project|5,224
668|1,3'IO|(2,746)|(668)|3,788|
|Cloth Worker
Essex Trust|186|5,000|(391)|(1,788)|2,821
186|
|Carer Support
Torquay
Centre|27,260
8'I6|225|(6,951)
(47)|(30)|20,279
994|
|Central
ECC Project|493
592|||(493)
(592)||
|Infection Control||14,085|(4,851)||9,234|
|Community
Support|539|70|||609|
|Rotary Club|350||(350)|||
|Cathedral
School
Covid-19
Reusing Trust|504|593
28,815|(1,097)
(28,815)|(504)
504||
|XCentre Doors|242||||242|
||45,389|61,627|(57,498)|(4,056)|45,462|
||650,987|653,706|(676,277)||628,416|
##
##
##
##
|CURRENT YEAR|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Fundsf|Fundsf|2022f|
|Tangible assets
Current assets||413,925
186,192|27,596|413,925
213,788|
|Creditors: Amounts
Creditors. Amounts|falling due within one year
falling due after one year|(23,409)
(124,832)||(23,409)
(124,832)|
|Net Assets||451,876|27,595|479,472|
##
|PRIOR YEAR|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Fundsf|Funds|2021f|
|Tangible assets
Current assets||428,762
313,836|45,462|428,762
359,298|
|Creditors: Amounts
Creditors: Amounts|falling due within one year
falling due after one year|(31,025)
(128,619)||(31,025)
(128,619)|
|Net Assets||582,954|45,462|628,416|
##
##